Scynexis: 2Q Earnings Snapshot

August 9, 2018

JERSEY CITY, N.J. (AP) _ Scynexis Inc. (SCYX) on Thursday reported a loss of $10.8 million in its second quarter.

On a per-share basis, the Jersey City, New Jersey-based company said it had a loss of 23 cents.

The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 14 cents per share.

The pharmaceutical company posted revenue of $64,000 in the period.

In the final minutes of trading on Thursday, the company’s shares hit $1.45. A year ago, they were trading at $1.63.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SCYX at https://www.zacks.com/ap/SCYX

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